Gold Bullion Bars
(Kilo – 32.15 troy ounces)
Refineries: PAMP, Credit Suisse, Johnson Matthey,
Royal Canadian Mint, Metalor etc.
Fineness: .999 to .9999
Gold bars are produced in a wide variety of sizes, shape, and fineness, most of them destined for one-way transit to manufacturing end-users who intend to refabricate the gold into other forms such as industrial/electronic plating or decorative applications. Most gold bars are not intended for use as investment products (i.e., recirculated on the secondary public market) primarily because their authentic weight and purity both fall into question owing to the ease of tamperability once the bars have traveled outside of the original commercial chain of custody.
Generally speaking, we recommend the purchase of gold bars only when the bars are stored at a depository and never leave the storage account, as is the case with most retirement plan purchases. We do not gaurantee repurchase when a client takes delivery of the bars and then wishes to ship and liquidate. For the individual investor who demands more flexibility with regard to both portability and liquidity, gold coins fit the bill perfectly and are by far the most popular form of gold ownership.